Retirees
On the road to retirement? We’re happy to walk that road with you. The Communal Co-Operative Credit Union is here to help you make smart decisions. Achieve peace of mind and financial security in retirement. It’s never too soon to start. Open a Retirement Savings account today.
The Communal Co-operative Credit Union Retirement Savings
The Communal Co-Operative Credit Union Retirement Savings Plan sets aside money for your retirement. Members between the ages of 18-65 are eligible to have such an account. The minimum monthly contribution is $ 50.00. You are free to make lump sum payments at any time.
You determine the duration of your plan. Withdrawals are not permitted until the plan matures. You decide how to receive your benefits; whether it is in lump sum or monthly payments.
The CRSP can be used as collateral for mortgage loans. Interest is paid quarterly on this account. A bonus added to the plan as an additional benefit to you.
You no longer have to worry about being a burden to your loved ones after retirement. Let Communal Co-Operative Credit Union make your retirement less stressful and more enjoyable.
Start your Retirement Savings Plan today for a lifetime of financial security! Contact us or visit one of our branches.
